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Search Results 0 to 49 of about 72 (some duplicates have been removed)
CNBC
Dec 11, 2012 5:00pm EST
energy market could be in for a big makeover. we make sure you're ready for us. >>> plus, what you need to know and breaking down what's at stake. stick around. [ male announcer ] feeling like a shadow of your former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ] and step out of the shadows. hi! how are you? [ male announcer ] learn more at isitlowt.com. [ laughs ] hey! >>> welcome back to "fast money." let's go right to eamon javers. >> the news is flying a little fast and furious here. let me tell you what we know. house speaker john boehner's office telling me that the white house made a new proposal that we had not heard any dethe tails on before and in this proposal, they proposed $1.4 trillion in new taxes, now, that is down from
CNBC
Dec 11, 2012 6:00pm EST
a question for you. i called you about spectra energy. today with the acquisition of the pipeline and the 9% dividend what do you think i should be buying? >> i like spectra. can i state that i think that kmp is a good opportunity down here? >> that got hit real bad. i would snap that one up in a heart beat. let's go to jack in new york. >> booyah from brooklyn. >> i'm going to be there later this evening, we should hang out. fedex is reporting better package shipments. do you think that will carry their shares into the next point? >> we were going back and forth after a frustrating day where dollar general blew up. maybe that wasn't such a good day yesterday for federal express and for urgent mail. but we are holding onto it formal. every stock has been tipping itself lately. you know, i like companies so much more than congressmen. it is going to be hard for democrats and republicans to compromise. i cannot blame people for being cautious. i did get a lot of good vibes about no legislation and you know what, i learned that i think ceos are better. "mad money" will be right back. but inves
FOX Business
Dec 7, 2012 5:00pm EST
of apple fell 2%. >>> thanks to a study by the department of energy the u.s. may be closer to approve natural gas exports. data shows it could improve the economy by $47 billion in 2020. we need that. sounds like a win-win. we have the ceo of bright link oil and gas. chris, thanks for joining us. >> thank you. melissa: what do you make of this report? first of all, do you buy it? do you think it's possible? >> i do think it's possible and i'm glad to see it come out. what it really does now it shows over the 12 different scenarios that the government study investigated each one of those scenarios came back and said america will benefit and have a positive economic gain if we export lng offshore to europe, and or asia and to other countries that need our gas. melissa: we have so much natural gas unlocked as a result of fracking, the problem is, intellectually, emotionally we can never wrap our heads on exporting energy. we're sure we have to keep it all for ourselves. do you think we can get over the hurdle, and that the president and washington in general can get over that hurdle? >>
FOX Business
Dec 12, 2012 5:00pm EST
this happen more often? joining me now is tyson slocum, director of public citizen's energy program. we have david kroetzr researcher in economic and climate change from the heritage foundation. welcome to both of you. what do you think about this. >> i think we definitely have a problem with a lack of adequate federal oversight of pipeline safety. we've got over half a million miles of transmission pipelines crisscrossing across the united states and only about 110 federal inspectors. we had a pipeline safety bill that passed congress and was signed into law by obama in 2011 but it didn't go nearly far enough in beefing up finances to hire more inspectors. to mandate the increased placement of shut-off valves that in case of an incident in a pipeline you could limit the damage. melissa: yeah. >> and also i think we have to reassess the focus over the last decade of looking at terrorism security and look more at maintenance and operations particularly --. melissa: that is interesting point. let me talk to you about the details of this one. it took place just before 1:00 p.m. >> sure. melissa
CNBC
Dec 5, 2012 9:00am EST
. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total
CNN
Dec 5, 2012 11:00pm PST
for more than 70 million americans. that's health in numbers. unitedhealthcare. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> almost a year after his death, kim jong ill still looms over north korea. today they erected eight statues around the city. they instribed his name and started plans to renovate
FOX Business
Dec 5, 2012 5:00pm EST
energy. senator james inhofe says they're dumping taxpayyr dollars overboard. i hate that. do i ever have too much spending. i certainly do you know how painful heartburn can be. for fast,ong lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. melissa: now to the latest from the middle east. huge clashes in cairo as rifle factions hurled firebombs and stones outside the palace today. this just as president morsi returned to the palace. he reportedly fled the premises yesterday after thousands protested nearby. still at issue though is morsi's new constitution. but also at issue here in the u.s., how will this impact our foreign aid to the region? with me now is fox news middle east analyst walid phares. welcome back to the program. thank you for coming on. >> thank you, melissa. melissa: yeah. let's get right to it. what is your impression going on today? with him back in the palace is that significant? >> it was absolutely significant h
FOX News
Dec 7, 2012 12:00pm PST
" the court has notified us. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>shepard: there is breaking news on fox news channel, the supreme court has notify the us it will take us gay marriage cases including california's ban on same-sex marriage unions. we got the word and our correspondent is with us on the phone now. shannon, what is the story? >>shannon: they decided to take up to different gay marriage cases. you mention the one from california, you may remember proposition eight. the voters passed a measure that allows only the recognition of one man, one woman as a "marriage." a federal court overturn
FOX News
Dec 8, 2012 12:00pm PST
. it does not work. john: good intentions and that go bad. clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contributs contributors, interest free loans from the government, distorting capital, it means resources are being used less productively and workers get lower wages and it adds up to the bad situation. john: president bush says it to oklahoma you take care of things it is good for the economy. >> collor you create a housing bubble. those people were the ones that had to walk out onto the plank then we all fall into the shark infested waters 87 tax credits. >> sounds great. but from the tax code in 1913 only 14 pages we have warped into the 702000 page monster. more than 1,000 different forms to download. nobody understands. h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >> you heard those most vulnerable. the welfare s
CNBC
Dec 6, 2012 9:00am EST
energy markets. the obama administration has said the study will be central to the decision on whether to export. he said exporting the gas would be a bigger impact on the economy. >> slap in the face of dow chemical. of coke, not coke the beverage company. but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess of this stuff. >> the government says that the -- 6.6% of current u.s. consumption. >> why would prices move that dramatically at all? wouldn't they just come down globally? >> the average, our $16 goes to $4. it costs $7 to get stuff from the united states. >> you should argue that they should go down because they went be the only one. dominion has brooi
CNBC
Dec 6, 2012 5:00pm EST
in time square. could nat gas exports boost the u.s. economy? a new report from the energy department says natural gas prices won't rise with export expansion and revenues from the move could actually benefit americans. the findings helping to boost companies proposing export projects like energy. several members of congress oppose large scale exports. so is the boom imminent? let's bring in a cnbc contributor. dan, in terms of the impact on prices, you would think that with the glut here the ability to send it off overseas would provide some support for this market. >> it will. the problem is there's enormous lag time between the time you get a chance to permit and the time you can start exporting. it's usually four years at the minimum. also anywhere -- well, if you're taking, for example, a plant where you're turning it from an import plant to an export plant, that's cheap, only cost you $2 billion. but if you're trying to start from scratch and build an export l & g plant, that can cost you $10 billion. very heavy money going in, very heavy infrastructure and a big bet on that differen
CNN
Dec 4, 2012 7:00pm PST
? one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> time now for the "ridiculist." tonight we get an update on the guy who got mitt romney's campaign logo tattooed on his face. yeah, that guy. his name is eric. he lives in indiana. he's a professional wrestler and amateur philosopher at least when it comes to the reasons behind tattooing what turns out to be a losing logo on his face. >> it's something i believe in. lot of people said you shed blood for the party. you're a republican hero. i love it. i would do it all over again in a heartbeat. i know i did all i could for my candidate and my party. >> that was a couple weeks ago. that's when eric left a permanent mark in our hearts. he bravely faced dow
CNN
Dec 8, 2012 7:00pm PST
look next. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> 5%, that's the number of cases the supreme court argues to hear -- agrees to hear out of all the ones appealed to it. and now same-sex debate will be part of that small group of cases. but the questions are swirling now. who will the court hear arguments from? will it come down strongly and clearly for or against gay marriage or will it rule narrowly, sending the cases back to lower courts for further deliberation? attorney ka
FOX
Dec 9, 2012 4:00pm PST
in syria. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the
CNN
Dec 7, 2012 11:00pm PST
with a preview and explains how that question can be very tricky. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting
FOX News
Dec 9, 2012 8:00am PST
for the energy and commerce committee. good to see you in person. welcome to new york. >> who do you think is going to blink? president obama says he wants the tax hikes to go up on the wealthy. >> we both better get together and come up with a solution. that's what the american family wants. all the other issues, we have to remember, it's what takes place, not at the 30,000 foot level, but at the kitchen table level. that's where the people are very concerned. will they have a job tomorrow? will their children have a job in the future? that means we have to deal with the deficit and the spending. we cannot continue to do this. the president's issue of unlimited power to raise the deficit, whenever he wants is like taking the brakes off the car and hitting the accelerator as we are head to the cliff. the republicans have offer someday things to deal with the revenue. the president has. these are the discussions that go on and on. we have to solve that. >> eric: overall, the deficit, the spending, $16 trillion, it goes up and up and and up. it affects us, our children, our grandchildren. wh
FOX News
Dec 10, 2012 6:00pm PST
-frank with the financial industry, the automobile industry, what lisa jackson and the epa is doing to the energy sector, the national labor relations board, that's nationalizing it. the nanny state, economic fairness, economic patriotism, fairness and fair shot, those are type of policies and theories that are not consistent with a constitutional republic, definitely not consistent with our founding fathers, the type of people like that. we re-elected someone that went to $10 trillion to $16 trillion in debt. we've had an incredible earth-shattering numbers of americans in poverty, americans on food starches. we've seen a 32% in welfare spending. we've seen gas prices being exorbitantly high. he has every right to afeel arrogant and feel he'll never be held responsible. >> sean: i think republicans need to get over whatever their feelings over the election. they were elected too. i don't know one republican congressman -- correct me if i'm wrong -- that was sent there to support the president's agenda. when i vote for a congressman, i vote they'll represent my interests. so the question is, do you thin
CNN
Dec 4, 2012 10:00pm PST
allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. c
CNN
Dec 5, 2012 8:00pm PST
affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> welcome back to the second half of "outfront." we start the second half with stories we care about where we focus on our reporting from the front lines. we begin at the university of colorado-denver, which has released thousands of e-mails related to james holmes. the man accused of killing 12 people at a colo
MSNBC
Dec 11, 2012 9:00am PST
. it takes no time and energy by the filibustering senators, and the public cannot see it and weigh in and say it's unacceptable you are paralyzing the senate, so we will change how we vote in the next election or weigh in on the issue and urge their senator to say enough of that. join the vote and let's get on with the disclose act. let's get on with the president's jobs bill and so forth. >> in terms of getting on with the president's jobs bill is not top on some gop agendas, but when we talk about reform in terms of washington and politics, this is the same argument we were talking about this during the break, that is -- it is bandied about over redistricting. when you are on top, you want control. when you are not, then you want reform. >> no, that's exactly right. >> at the end of the day maybe you do have to use the nuclear option to get anything done for the long game. >> this would be a very good thing to do, but i just have to take a step back because i'm of the opinion that really what this is about -- i mean, you know, mitch mcconnell, harry reid, very smart, have shrewd
CNBC
Dec 12, 2012 1:00pm EST
sheets as he just said, steady cash flow, growing dividends, also global energy and emerging markets. they are very bullish on domestic plays in brazil specifically and china. rob telling me he thinks latin-america is on fire. north asian cyclical stocks. mexican banks and industrials. then they move on to discounted exporters on europe's periphery. you have to be careful there. but if you want it add risk to your portfolio, that's where they are going. and small self help united kingdom company. >> a very eclectic mix. >> i was at world economic forum, the winter world economic forum in china. >> right. >> that's all anything anybody was talking about. what they were talking about is businesses building product for internal consumption. that's where the growth will come from. >> that's why when the trade figurers came out in china, people weren't concerned about it. they were more concerned about their own internal growth. >> and that policy makes that shift to a more balanced policy. >> well watch this market closely with you guys. thank you so very much, ty, over to you. >> fed ch
CNN
Dec 5, 2012 2:00am PST
coined a new phrase, saudi america for america's projected energy boom over the next decade. a report from last month says the u.s. is expected to unseat saudi arabia as the world's top oil producer by 2020. huge implications for foreign policy and how we do business. it's really been an interesting development in the oil patch. >> it will be really nice to talk about something other than the fiscal cliff. i will say that. >> jobs. that's right. >> 25 minutes past the hour. the republican party needs some new younger blood say some pundits. are these the new leaders of the gop, paul ryan, marco rubio, could they already be on the campaign trail? bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! progresso. in what world do
CNN
Dec 8, 2012 6:30am PST
we can concentrate on, energy, manufacturing and housing to create more jobs, and that's already kind of happening. government can only stand in the way of this right now by not getting the fiscal house in order. >> that's what's so important here because you want to see things looking forward, grow better than we have this year, the fiscal cliff in the way. republicans say if you raise taxes on the top 2% that will hurt small business and will kill jobs. talked to the ceo of fedex and he says, shall we say, there's mythology around that assumption. listen. >> the reality is the vast majority of jobs in the united states are produced by capital investment and equipment and software that's not done by small business. >> right. >> it's done by big business, and the so-called gazelles, the emerging companies like the new fracing oil and gas operations. >> we've talked about this so many times. >> yeah. >> it's demand that creates jobs. >> that's exactly right, and i'm glad fraud smith says that. gone from understanding that small business creates most of the new jobs generally in the uni
FOX News
Dec 10, 2012 10:00am PST
zeros in on a failed stimulus attempt, and it usually involves a green energy company that they tried to put money into to sort of prop them up, and then the market said, no, no, we still want our suvs, we want our gas guzzlers, and we know it's bad for the environment, but we love 'em. and they're so big, and they hit so many kids. but whatever, the white house responds by saying it's like anybody's investment portfolio, you've got winners and losers. and, you know, we tried, and they're not all going to be great and, of course, the press is going to focus on the ones that lose, and i imagine they would say this is another example of that happening. >> this is true. that's what they will say. the problem for the president is that the losers are very famous, and they're very notable. solyndra, and we've had solar firms, other solar firms, a123 battery is now famous because of the china sale going on right now. so for the president whatever he says about the unfairnesses of being judged by these failures, the truth is they stick out so much, and the president can say that over time the
ABC
Dec 11, 2012 4:00am PST
the dominant military superpower and will become energy independent overall. we can expect to have 8.3 billion people on the planet. >>> as for more immediate concerns, the fiscal cliff is one day closer, with a stalemate over heading off huge tax increases and deep spending cuts at the start of the new year. president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task force. in a statement, the u.s. attorney noted that pot remains illegal, though, under federal law. >>> well, family and friends are remembering that navy s.e.a.l. who gave his life to rescue an american doctor in afghanistan. abc's senior foreign affairs correspondent martha raddatz has more on the life of this
CNN
Dec 9, 2012 7:00am PST
at a cost? there is much to admire about scandinavia. on ed kalgts, on health care, on energy, but that doesn't mean we need to become scandinavian. we are more individualual lis tick, free-wheeling, ready to take risks. americans don't need to stop being american, but why not look at how these countries in scandinavia make investments in health care, early education, and all of these things create greater opportunity. that's what, after all, helping people succeed no matter where they come from or how poor they are. the truth is scandinavian countries are fulfilling a huge part of the dream better than america these days. thankfully we're still an innovation powerhouse and we spent to spend more on research and development rather than cutting the budgets and perhaps we need to target some of our innovative thinking toward restoring the american dream of equal opportunity. that would be a truly american solution to an american problem. we'll be right back. up next, a perfect example of american innovation. have we found a cure to cancer? presenting androgel 1.62%. both are use
FOX Business
Dec 10, 2012 9:20am EST
. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't collapsed. >> i said it would occur in a decade, but you see the problems there, the economy is stumping and the central government is eroding and china people are taking to the streets. so, the wheels are coming off china. >> you're going to be right eventually. >> soon. stuart: within the next two years? >> maybe sooner than that. stuart: very interesting, gor n gordonment thanks as always. it's 9:29 alm
FOX Business
Dec 12, 2012 11:00am EST
is elevated. i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be in mortgage bonds. dennis: which would you rather have the fed buy more of? mortgage-backed securities for u.s. treasurys? >> for much
FOX Business
Dec 5, 2012 1:00pm EST
here. what is interesting when you have mergers and acquisition particularly in energy this is something that brings positive sentiment to wall street. let's look at freeport-mcmoran. also taking a look at other names that are involved, right? you're looking at, see how they are faring. plains exploration is up 25%. mcmoran exploration up 82%. freeport-mcmoran is buying both of those together. this is $9 billion. this is about oil and gas producers and it will create a natural resources conglomerate. this is a huge, huge move. freeport-mcmoran is a name we always took to when we talk about commodities and things on the move and on a day where oil and gold are to the downside, gold in particular talking about freeport-mcmoran, copper and gold. you can see it is down 14%. that is not unusual to see an acquirer selling off as the two that are being acquired are gaining big-time. this is the action we're seeing in this mining and oil and exploration type deal and this is a big one. certainly scooped up wall street this morning. back to you. melissa: nicole, thanks so much.
FOX Business
Dec 5, 2012 4:00pm EST
oil production reaching its highest level in nearly 15 years in september. the energy information administration says daily production averaged 6.5 million barrels. that is 16% increase from one year ago. >>> starbucks planning to add 3,000 stores over the next five years with at least half of them in the u.s. the coffee giant expects more than 20,000 stores on six continents within just two years. >>> zappos ceo pledges one million dollars to help bring college grads to las vegas. graduates will work to support sin city start us small businesses and real estate projects. >>> research firm idc says greater variety among tablets is boosting demand but more players could not be good news for apple. the firm expects apple's market share to drop 3% of the part of that report brought the stock down today. >>> amazon launching service for kindles including movies, games and books. $2.99 per child for amazon's prime members. [buzzer] great, more movies and games on a kindle. david: just what they need port workers in los angeles and long beach are returning to work today. thank goodness,
MSNBC
Dec 7, 2012 3:00am PST
and development and energy. these are things that are central to our ability to grow the economy, to prepare people for the economy. >> it's such a small part of the budget. >> i understand. but you see, here's what's going on. there are two kinds of approaches to this. the one approach says we've got this deficit problem, and we want to address it. the other is the norquist approach, which is really more about reducing government to its irreducible core. and that is an indiscriminate sort of slashing. that's the wrong path for the country. and that's the path we can't take. >> things have changed so much since i was there. you talk about discretionary versus mandatory. when i was there back in the '90s, you could actually go after discretionary spending and move towards a balanced budget. we're way past that now. you're talking about 11% for domestic discretionary spending. that means everything, outside of defense, outside of medicare, outside of medicaid, outside of social security. that's about 85% of the budget. >> and we just made some pretty deep cuts last summer. >> right. so when yo
MSNBC
Dec 7, 2012 8:00am PST
with michael steele. and, frack baby frack? maybe. we'll get into the great energy debate with chris hayes when he joins me, joy reid, joan walsh and ben smith, all of that when "now" starts in a mere 180 seconds. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors.
CNN
Dec 6, 2012 4:00am PST
? this is big news. what are you waiting for? one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for the first time in a week president obama and speaker boehner talked about the fiscal cliff. it was by phone. both sides agreed that they would not talk about the details. what we do know is that it has not led yet to any major breakthroughs. we want to get to congressman steve latourette, republican from the state of ohio. he is leaving congress, decided not to run for re-election, citing gridlock as a big reason why. we appreciate your time with us this morning. >> thank you. >> can we start with syria first before we get to the fiscal cliff? we know that there's this red line that hillary clinton has talked abo
CNN
Dec 12, 2012 4:00am PST
energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> we'll hear from an eyewitness close enough to the gunman to admit "i am the shooter." >>> a provocative act, north korea launches a rocket overnight. is this a coverup for a ballistic missile program? >>> house republicans give president owe pa ma a counter offer on a deal to avoid the fiscal cliff. will it be a compromise the president can agree with? >>> an asteroid buzzes right between the earth and the moon. the question is, how did it get past astronomers? >> it's wednesday, december 12th and "starting point" begins right now. good morning, welcome, everybody. our team, deepak chopra, the author of "super brain, unleashing the superpower of your mind." i'd like to maximize my health, h
CNBC
Dec 7, 2012 4:00pm EST
markets, energy, and medical. it has already caused this uncertainty, roadw uncertainty, a reduction in the amount of work we're doing, and it's prevented us from hiring in some of our plants. >> you're holding back, then. you're holding back on hiring, waiting to see how this thing plays itself out. presuming they don't go over the cliff, they come to some agreement, does that mean you would hire more workers? >> right now it's very frustrating that we don't have issues decided here. so, yes, we have plants that can be ramping up to supply in the defense industry. until we know with certainty what's going to happen with the cuts, we're not going to be hiring in those plants. >> we're going to bring in now howard dean, who i believe is joining us. thank you for joining us. i hope that you've also been listening to what dawn had to say. she's been basically saying it would hurt her company. it's already affecting her hiring decisions. it would hurt the defense industry as well. so why do you feel that going over the fiscal cliff would be good? >> we have an enormous deficit problem in
CNN
Dec 4, 2012 4:00pm PST
doing to get it back? we're drilling for more oil at home. that could mean more jobs. today the energy information administration said american crude oil production averaged 6.5 million barrels a day in september. that is the best, people, in 15 years. and now our fifth story "outfront." >>> we go from a good story to a bad one. the fiscal cliff. dissension within the ranks. it seems not recall republican lawmakers and conservative groufs are in lockstep with john boehner. earlier i spoke with one gop house member who hasn't been on the same wave length as the speaker recently. he's in senior leadership. here's what deputy whip congressman tom cole told me about those who in the party say taxes shouldn't be on the table. >> for those who say we're putting revenue on the table, the american people did that when they lented, you know, the president and a democratic senate again. again, they have to agree to a deal or tax rates on everybody go up. i think we shouldn't -- we should do everything we can to avoid that for as many people as we possibly can. >> "outfront" tonight, grover norq
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